Enable invoice payments by credit card for a pay-as-you-go fee as low as 2.9% + 60¢, and watch the money roll in. Know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow. Set up invoice reminders to automatically email your customers when payment is due.
Wave’s invoicing software for small businesses removes the worry of making these errors because calculations are done for you, including the taxes. All your invoicing and payment information automatically syncs with the free Wave Accounting software included with your account. Wave Money is currently available to single-owner businesses in the United States with a Wave account. Once you create an account, we’ll notify all new eligible businesses by email. You’ll be able to download the Wave mobile app directly from your email or you can learn more within your Wave account.
Wave Accounting at a glance
Our partners cannot pay us to guarantee favorable reviews of their products or services. Once you’re approved, you can turn payments on or off for any invoice, or pick default settings for all invoices. See pending and completed payments from project-based and quarterly clients in one dashboard to identify revenue ebbs and flows and plan accordingly. Unlimited invoicing, accounting, and expense tracking are included, 100% free.
Digital invoicing empowers your small business by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date. It’s hard to beat free accounting software, especially if you’re running a small business on a budget. It also complies with accounting standards, uses double-entry accounting and helps automate the reconciliation process, which can help ensure accuracy and save you time.
Create invoices quickly
Wave was designed specifically for small business owners like you – no CPA required. With our intuitive dashboard, you’ll be a money management pro in no time. Get paid on time, every time with automatic payments for your repeat customers using the most powerful invoicing scheduler anywhere. In addition to creating invoices, Wave gives users the ability to create estimates for potential clients. Once those estimates are approved, they can easily be transformed into invoices with the click of a few buttons. It’s easy to send your invoices created with Wave’s invoice generator.
- Helps me keep my finances in order and manage invoicing while on site with customers.
- Enable invoice payments through credit card, bank and Apple Pay.
- For example, QuickBooks Online doesn’t have a free plan, but offers four paid plans, each with additional features, making it a great choice for scalability.
- Here is a list of our partners and here’s how we make money.
Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. The developer, Wave Financial Inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy. Support for non-paying users is limited to the chatbot and self-service Help Center. After creating your account, everything’s set up so you can get started right away.
Best Free Accounting Software for Small Businesses
The fact that Wave lets users create and send unlimited invoices and receive payment straight from the invoices for free makes it perfect for freelancers. Can manage multiple businesses for free under one account; lacks project tracking tools, industry-specific reports and transaction tracking tags. When equipped with the right accounting software, you can do more than just basic bookkeeping.
While users never pay a monthly fee, they will have to pay a credit card processing fee of 2.9% plus 30 cents per transaction if they use Wave to process credit card payments. This fee can vary depending on the type of card the customer uses. Get unprofitable products paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
Benefits of using the Invoice Generator
With the Wave Money business banking account, managing your business finances is a breeze. Keep your business and personal finances separate, connect with your Wave accounting software to automate your books, and use your Wave Visa® Business Debit Card and virtual card anytime, anywhere. FreshBooks has an excellent mobile app that allows you snap photos of receipts, send invoices and track mileage. In addition to its free services, Wave has software and services that do come with fees, including Wave Payments, Wave Payroll and Wave Advisors for bookkeeping support and accounting coaching.
App Privacy
From the dashboard (or the Banking menu on the left-hand side), you’ll be able to connect your bank and credit card accounts to automatically download and categorize your transactions. Strong invoicing feature competes with that of paid products; app lets users send invoices on the go; offers significantly fewer reports than competitors; no inventory tracking. Our invoicing, online payments, accounting and bank connection features give you a unified view of your income and expenses – no need to log in to multiple apps or tools. Quickly create and send unlimited invoices, look like a pro with customizable templates, and get paid fast with online payments. While the invoicing platform is not easy to integrate with popular third-party payroll apps like Gusto or OnPay, Wave does have its own payroll software.